Investors in paris announce a 5000000000 euro pot protect firms hoping to pull them away from other tech becketts. Its time for business on v. W. Im here yet again asking to have you with us the German Government has announced a 50000000000 euro climate Protection Plan to help the country reaches 2030 climate goals some economists say its a good start others criticize the price tag German Companies fear they could become less competitive and are bracing for possibly the greatest changes since the industrial revolution. The worlds biggest Chemical Company b. And south claims it slashed its Greenhouse Gas emissions by half compared to its 990 levels all while doubling Production Output that could help the companys bottom line now that the German Government plans to put a price on c o 2. Fossil fuels are about to become more expensive its a market based approach to boost investment in clean technologies. One thing is certain new Climate Friendly technologies are expensive and thats primar
Impact of president trumps tariffs on imports and other chinese items. How big and impact is this hurting companies and compare it to the benefits of the tax cut in 2017, which reduced rates on business. Are these tariffs offsetting the benefits of the tax cut . Neil there are two impacts, the first is the tariffs in place and already at cost, the second is uncertainty of additional tariffs. That is playing out over the next several months with respect to china and even automobiles, with the respect tariffs on automobiles. And if you are running a company, by the way, not just Large Companies, if you run a company you have difficult planning because you dont know the cost of goods to sell to consumers in the United States or the cost of something you are making in the United States. And it is not just there tariffs on our imports, it is tariffs posted in retaliation for the egg industry and increasingly manufacturers. Janet the university of Michigan Confidence numbers just came out. W
Own emissions standards. All that and so much more on making money. Charles well, we begin with the fed the day after and while most observers agree that jay powell did a better job communicating, yet confusion reins as fed members are all oaf the map where rates should bo from here. President trump telling fox news what he thinks of the rate cut decision. I think we should do more because other countries have done more. If you look at germany, if you look at japan, look at some others theyre cutting much more. In fact theyre borrowing money, getting paid to borrow money. Were paying interest. Were the most prime in the world. We have this great economy. Were doing better than weve ever done. Our employment numbers are the best they have ever been, unemployment numbers also. We are doing freight. We should be cutting there is no inflation. Charles as the fed is pumping even more cash into our Financial System today. In fact over 200 billion in the last three days in the repo market. Wi
Temperatures inland, back up into the lower 90s around the bay on either side of 80 degrees. Mainly in the upper 60s. Closer to 70. See the sicklation up to our north. This would keep us on the cooler side but its pushed up enough to the north to not impact the bay area. Warming temperatures for today. Scattered high clouds, the cloud cover not nearly as widespread as yesterday at this time. We could have patches redevelop near the coast and poss of the bay. Watch out for that this morning. Concord 63s San Francisco 58. San jose 60. The live camera towards sfo. We have partly cloudy skies to start off your wednesday morning. We will have that in the forecast for the shortterm. In the afternoon, heating up, 60s to the 70s and 80s, all the way to the 90s for this afternoon for your wednesday and warmer temperatures possibly in our fiveday forecast. Thats coming up in a little bit. Hopefully traffic is off to a nice start. Good morning to you on interstate 80 westbound. Solano county, a l
They were rescued. The muny station will be named for political activist rose pack , the emotional response from people in chinatown. Good morning. Thank you for joining us here on mornings on 2, wednesday morning, august 21st. Im pam cook. Im dave clark. The weather feels nice outside this morning. I hope you are ready for warmer temperatures. Mark tamayo is in for steve. We are going to bump up the numbers for today. The biggest concern will be the fire danger. It seems like its like clock work when we talk about 90s, we get reports of the grass fires. Fire crews are being briefed on the changing weather pattern. Today will be warmer. Instead of 90s, we are thinking lower 90s today. The beaches approaching the 70 degree mag for this afternoon. Satellite showing you worth system to the north, that u, this the upper level wind pattern, that would be cooling us off. The energy is to the north along the north coast, eureka and cape montecito. For us, high clouds and patchy fog redevelopi